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there is concern in the far right flank that speaker john boehner will raise tax rates for the top 2 percent. they want to preserve tax cuts for every tax bracket. no one is sure that the speaker is doing that. they are not discussing giving in on the top 2 percent but i don't think that is a promise they will keep. we'll have to wait and see. i know that they wanted entitlement reform on the table if not right now, a promise that we'll get to it in the new year and overall tax reform. those are the demands from the republican side. >> heather: what about spending cuts in terms of democrats? >> there is another hard issue. democrats are going to try to hold as much on spending cuts, but they know that the cuts have to be part of the deal. you can't get republicans along were anything unless there is something on that side. how far are democrats willing to go? on spending cuts and overhauling entitlement reform which is the main driver of the nation's debt. you may see a deal where there is tax increase if democrats are willing to go much further on entitlement reform and spending cut
there is concern in the far right flank that speaker john boehner will raise tax rates for the top 2 percent. they want to preserve tax cuts for every tax bracket. no one is sure that the speaker is doing that. they are not discussing giving in on the top 2 percent but i don't think that is a promise they will keep. we'll have to wait and see. i know that they wanted entitlement reform on the table if not right now, a promise that we'll get to it in the new year and overall tax reform. those...
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Nov 17, 2012
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you know, when john boehner appears, they say are you willing to accept higher rates. no one says what are you going to do about entitlements or anything, there's no question of the president whether he will compromise and what that would look like. >> paul: steve, what do you think the republicans ought to do here? is there a way out for them or are they going to be pushed back into a corner where they have no choice, but to concede that they have to raise tax rates or else go over the cliff and get blamed for that? >> well, it's a tough situation for them. there's no question about it because as you know, the default position, if we don't do anything is for the taxes to go up on everybody on january 1st, and that's something i think both sides want to avoid. it's very interesting, the thing that happened this week to start the week, was who was the first person that barack obama met with in the white house since his election, the labor unions, the labor block, that tells a lot who is driving policy at least at the start of the second term? and the labor unions basica
you know, when john boehner appears, they say are you willing to accept higher rates. no one says what are you going to do about entitlements or anything, there's no question of the president whether he will compromise and what that would look like. >> paul: steve, what do you think the republicans ought to do here? is there a way out for them or are they going to be pushed back into a corner where they have no choice, but to concede that they have to raise tax rates or else go over the...
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speaker john boehner didn't want anything to do with it. the revenue problem can be solved by modernizing the postal service. bernie sanders says this is what we can do about it. . >> the postal service has to change. it has to be entrepreneurial. much more pro-consumer. in our state, we have many rural post offices. people want to go there to get letters copied. can't do that. they want to get letters, notarized, against the law. there are many areas the postal service can bring in substantially more revenue. >> and this is breaking news. no tax dollars go to the operation of the postal service. that's right. zero dollars. these solutions are simple, but republicans are against helping the post office because they want to see it eliminated, bust the union, privatize it. the longer nothing is done, more jobs are lost. the postal service has plans to close 260 post offices around the country. this means that an additional that's at risk if nothing is done. republicans in action on this issue is actually shameless. they have had all year to c
speaker john boehner didn't want anything to do with it. the revenue problem can be solved by modernizing the postal service. bernie sanders says this is what we can do about it. . >> the postal service has to change. it has to be entrepreneurial. much more pro-consumer. in our state, we have many rural post offices. people want to go there to get letters copied. can't do that. they want to get letters, notarized, against the law. there are many areas the postal service can bring in...
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after a closed-door meeting, house speaker john boehner said, quote, i believe we can do this. nancy pelosi said we understand our responsibility. if they fail to act, the bush tax cuts would end on january 1. that's the same day sharp cuts to government spending take effect. economists fear the combination could send the country back into a recession. a train that slammed into a parade float, carrying wounded veterans was moving slower that the posted speed limit. safety officials in texas say it was going 62 in a 70-mile-per-hour zone and the train applied its emergency brakes before crashing into the trailer. the accident killed four veterans and injured 16 other people. i'm marianne rafferty. now back to "on the record." >> greta: harry reid telling senate republican leaders, no, rejecting a request for a watergate-style select committee to investigate the benghazi attack. earlier, john mccain led the charge for a special committee. but in a letter tonight, senator reid saying there are plenty of committees investigating benghazi and he took aim at senator mccain, saying he
after a closed-door meeting, house speaker john boehner said, quote, i believe we can do this. nancy pelosi said we understand our responsibility. if they fail to act, the bush tax cuts would end on january 1. that's the same day sharp cuts to government spending take effect. economists fear the combination could send the country back into a recession. a train that slammed into a parade float, carrying wounded veterans was moving slower that the posted speed limit. safety officials in texas say...
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Nov 17, 2012
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. >> plus, president obama and john boehner launch another effort to save the country from falling off the fiscal cliff. economists will be here to size up negotiations. caution. you are about to enter the no spin zone. "the factor" begins right now. >> hi. i'm greg gutfeld in for bill o'reilly. thanks for watching us tonight's. let's get to our top story. general david petraeus on capitol hill testifying about libya. exactly one week after resigning as the head of the c.i.a. because of an affair, petraeus testified today in closed door hearings in front of both the house and senate intelligence committees. according to those who were there, petraeus said the c.i.a. immediately suspected that al-qaeda was involved in the 9-11 benghazi attack. but for some reason, the original c.i.a. talking points had been altered. the al-qaeda reference removed. this raises all kind of questions. joining me now to answer them, senator roy blunt, a member of the senate intelligence committee who is in washington this evening. i got to say, this is isn't just a smoking gun. it's like a smoking cannon. t
. >> plus, president obama and john boehner launch another effort to save the country from falling off the fiscal cliff. economists will be here to size up negotiations. caution. you are about to enter the no spin zone. "the factor" begins right now. >> hi. i'm greg gutfeld in for bill o'reilly. thanks for watching us tonight's. let's get to our top story. general david petraeus on capitol hill testifying about libya. exactly one week after resigning as the head of the...
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republicans john boehner and mitch mcconnell and democrats nancy pelosi and harry reid. >> we had a very constructive meeting with the president to talk about america's fiscal problem. >> we all know something has to be done. >> it was good. i feel confident that a solution may be in sight. >> we're prepared to put revenue on the table, provided we fix the real problem. >> tax hikes and spending cuts could go into effect simultaneously if no deal is reached on the fiscal cliff by the end of the year, both sides have said they are willing to compromise. house speaker boehner says republicans realize that neither side will get everything it wants. >>> exactly one week after he abruptly resigned as head of the cia, david petraeus was back on capitol hill. he met yesterday behind closed doors to brief lawmakers on the september 11th attack on the u.s. consulate in benghazi. according to lawmakers who were there, petraeus now says the attack was an act of terrorism and not the result of a spontaneous anti-western demonstration as initially reported. four americans died in the benghazi inciden
republicans john boehner and mitch mcconnell and democrats nancy pelosi and harry reid. >> we had a very constructive meeting with the president to talk about america's fiscal problem. >> we all know something has to be done. >> it was good. i feel confident that a solution may be in sight. >> we're prepared to put revenue on the table, provided we fix the real problem. >> tax hikes and spending cuts could go into effect simultaneously if no deal is reached on the...
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Nov 17, 2012
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tomorrow is house speaker boehner's birthday. for those of you who want to wish him a happy birthday, we are not going to get him a cake because we did not know how many candles we would need. [laughter] >> thank you. >> thank you. >> following the meeting, house and leaders spoke briefly to reporters. >> good morning, everyone. we just had a meeting with the president to talk about america posted fiscal problems. i outlined a framework that deals with reforming our tax code and reforming our spending. i believe the framework that i have outlined in our meeting today is consistent with the president's call for a fair and balanced approach. to show our seriousness, we have put revenue on the table as long as it is accompanied by significant spending cuts. we are going to continue to have that on the table to show the american people that we are serious about cutting spending and solving our fiscal dilemma. i believe that we can do this and avert the fiscal cliff. >> this is not the first time we have dealt with these issues. we fe
tomorrow is house speaker boehner's birthday. for those of you who want to wish him a happy birthday, we are not going to get him a cake because we did not know how many candles we would need. [laughter] >> thank you. >> thank you. >> following the meeting, house and leaders spoke briefly to reporters. >> good morning, everyone. we just had a meeting with the president to talk about america posted fiscal problems. i outlined a framework that deals with reforming our tax...
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so boehner's going to ask for cuts to go along with debt ceiling increases as well. so this is a multi-headed beast if you will, an hydra that's waiting to be solved. it they don't have a lot of time. i think we're down to 12 or 13 legislative days before the end of the year. so there you go. let's -- a grand bargain in that short of time probably isn't going to take place. i think we can expect them to punt on pretty much all these things. >> can i ask you guys quickly about the testimony of former cia director general david petraeus as he appeared this week, yesterday. with regard to the testimony he talked about the benghazi attack. the answers he gave did not seem so sit well with the gop. but each side spinning exactly what he said to suit their interpretations. should the gop, though, lay to rest all of their complaints at this point? reid, you first. >> i don't think they're going to lay anything to rest. >> but should they based on what he said? this is the guy who was in charge. >> and i think that there are probably more things that peter king and the repub
so boehner's going to ask for cuts to go along with debt ceiling increases as well. so this is a multi-headed beast if you will, an hydra that's waiting to be solved. it they don't have a lot of time. i think we're down to 12 or 13 legislative days before the end of the year. so there you go. let's -- a grand bargain in that short of time probably isn't going to take place. i think we can expect them to punt on pretty much all these things. >> can i ask you guys quickly about the...
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house speaker john boehner called the meeting very constructive. >> i outlined a framework that deals with reforming our tax code and reforming our spending. and i believe the framework that i've outlined in our meeting today is consistent with the president's call for a fair and balanced approach. >> reporter: to republican leaders balance means some higher tax revenues are paired with reductions in spending and changes in entitlement programs. that's a challenge for democrats, but the president seemed willing to move in that direction. >> our challenge is to make sure that we are able to cooperate together, work together, find some common ground, make some tough compromises, build some consensus to do the peoples business. and what folks are looking for-- and i think all of us agree on this-- is action. >> reporter: speaker pelosi suggested the leaders agree on milestones that will bolster the economy. >> we should have a goal in terms of how much deficit reduction. we should have a deadline before christmas. we should show some milestones of success so that confidence can build as
house speaker john boehner called the meeting very constructive. >> i outlined a framework that deals with reforming our tax code and reforming our spending. and i believe the framework that i've outlined in our meeting today is consistent with the president's call for a fair and balanced approach. >> reporter: to republican leaders balance means some higher tax revenues are paired with reductions in spending and changes in entitlement programs. that's a challenge for democrats, but...
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i remember calling up a guy before i worked for romney i worked for boehner in the majority leader officer, i called up the digital guy tell me about twitter. how it's going work. he said you don't need to know it. it's not a big thing. here we're now, i notice during the campaign so much of what we did was driven from the bottom up through twitter. and -- even when i was on the plane. we would do the different gaggle. she would do it on a bigger plane. air force one. we call pear force one. i would got back of the plane and gaggle for fifteen or twint minutes. by the time i would come back i would come back on twitter and say it made news. >> people responded and taked you on twitter. >> when you say people you don't mean people you mean reporters. >> or people. [laughter] reporters are not people. >> that was on the free to be you and me. the reporters are people. but you mean this was the kind of back stage conversation you were watching playout on twitter? sometimes real people. it was more important how the journalist were using twitter. >> yeah. it became a incredible news. you could
i remember calling up a guy before i worked for romney i worked for boehner in the majority leader officer, i called up the digital guy tell me about twitter. how it's going work. he said you don't need to know it. it's not a big thing. here we're now, i notice during the campaign so much of what we did was driven from the bottom up through twitter. and -- even when i was on the plane. we would do the different gaggle. she would do it on a bigger plane. air force one. we call pear force one. i...
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as we speak, the president is meeting with john boehner, the first face-to-face talk. in december 2010, you called your plan the moment of truth. almost two years later, but moment are we at now? >> i think this is the magic moment. a moment when our generation has the chance to really do something about this problem that we created. it is our generation that got us into this mess. i think we have a good chance. yet a second term democrats president who has come out and said he is willing to put entitlements on the table. big deal. you have a speaker, a republican speaker who really gets it. he understands the deaths of the problems they face. he has said the are going to put revenues on the table. big move. we got half the members of the senate already saying they will support a balanced plan. which makes a lot of sense. we have the business community lined up firmly for doing something. most importantly, we have the fiscal cliff. where if we go over it, we are going to face the most predictable economic crisis in history. for all of us in here, it is also the most av
as we speak, the president is meeting with john boehner, the first face-to-face talk. in december 2010, you called your plan the moment of truth. almost two years later, but moment are we at now? >> i think this is the magic moment. a moment when our generation has the chance to really do something about this problem that we created. it is our generation that got us into this mess. i think we have a good chance. yet a second term democrats president who has come out and said he is willing...
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a picture of president obama and john boehner. the upbeat tone was a dramatic shift from recent years when the president and a gop fortified by anti-government activists clashed repeatedly over spending and taxes. if he were to go to yesterday's new york times, they have a listening are at least pictures of the key leaders that will be involved in this process. to show you where they stand specifically on some issues, here is the president saying he will reject any bill that extends tax cuts for the wealthy. here is john boehner who has said raising tax rates is unacceptable and a new revenue should be generated by economic growth spurred by a simpler tax code and that closes loopholes and and deductions. there are some other leaders involved in this project. what do you think they will be able to do to keep the fiscal cliff from happening by the end of the year? that meeting taking place at the white house. here is some video from it. if you are looking at that again and you want to wait and on this topic, you can call in. your c
a picture of president obama and john boehner. the upbeat tone was a dramatic shift from recent years when the president and a gop fortified by anti-government activists clashed repeatedly over spending and taxes. if he were to go to yesterday's new york times, they have a listening are at least pictures of the key leaders that will be involved in this process. to show you where they stand specifically on some issues, here is the president saying he will reject any bill that extends tax cuts...
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what is amazing to me is you open up the paper, you watch on television, there's boehner, mcconnell, all these people saying he has to have major entitlement cuts, cuts in social security, medicare and medicaid. right after the republicans got finished beating up on the democrats for allegedly taking $760 billion for medicare, that's terrible, now they're insisting we have to take more money for medicare, medicaid, social security. the democrats are stupid enough to go along with that. they will criticize the democrats the next election. >> that's a great point. heather, you were in washington and watched the sausage making happen. how much leverage do you think there is? >> that's a good question. i think unfortunately we may have to get through this period of time of complete detachment from reality. and then the conversation will shift as it will as people start to gear up for the midterms. people start looking out into the country again and saying, hey, we're still at about 8% unemployment out here. jobs are still the number one concern of voters. not on the donor class, but of v
what is amazing to me is you open up the paper, you watch on television, there's boehner, mcconnell, all these people saying he has to have major entitlement cuts, cuts in social security, medicare and medicaid. right after the republicans got finished beating up on the democrats for allegedly taking $760 billion for medicare, that's terrible, now they're insisting we have to take more money for medicare, medicaid, social security. the democrats are stupid enough to go along with that. they...
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one of the issues with the fiscal cliff is what kind of legacy would john boehner or the president leave behind when they leave office if they can't get a deal done and what about a second term compromising and going your own route. >> terrific point. the big things that have happened in our country's history, the big pieces of legislation have either come when we've had enormous majorities of one party or the other, the great society, president johnson and a huge land side, lying majorities in congress, or with a compromise. what we've not had historically is closely fought vague important things happen. big reform. this case the president has the senate but he also has a republican house. and so i think and i'll look at this from thomas jefferson, you look at it with ronald reagan it goes all the way through, presidents who manage to give as well as to take particularly in a second term do the best. >> john your said in your article that the president should be careful about the conventional wisdom for second terms for presidents. what did you mean? >> i don't think he should climb und
one of the issues with the fiscal cliff is what kind of legacy would john boehner or the president leave behind when they leave office if they can't get a deal done and what about a second term compromising and going your own route. >> terrific point. the big things that have happened in our country's history, the big pieces of legislation have either come when we've had enormous majorities of one party or the other, the great society, president johnson and a huge land side, lying...
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when obama and john boehner said down to negotiate very soon, will the gop give a little on this? will they get enough so we can get a resolution? my guess is no. i do not think the defeat was as clear enough to signal that kind of change. we do see if you people like bill kristol saying why are we [unintelligible] it is not -- the economy did great. there is a belief that there is an automatic relationship between the level of taxation on the wealthy and economic growth. you look back at american history, there is an inverse relationship over the last 80 years between level of economic growth and taxation on the wealthy. what will happen? we might sail over the fiscal cliff. that phrase invented by ben bernanke. but relax. the fiscal cliff is the kind of thing that only exists if washington allows it to happen. washington sometimes seems like a school where the teachers set the deadline and then change them. if we do still over the fiscal cliff, there are little maneuvers the treasury can do to make sure that we do not, even if sequestration actually starts, there are maneuvers t
when obama and john boehner said down to negotiate very soon, will the gop give a little on this? will they get enough so we can get a resolution? my guess is no. i do not think the defeat was as clear enough to signal that kind of change. we do see if you people like bill kristol saying why are we [unintelligible] it is not -- the economy did great. there is a belief that there is an automatic relationship between the level of taxation on the wealthy and economic growth. you look back at...